Mr. Farshad Shirvani reports
DOUBLEVIEW GOLD CORP RAISES FLOW-THROUGH FUNDS
Doubleview Gold Corp. is raising flow-through funds through a non-brokered private placement at a price of 70 cents per share.
The proceeds of the sale of the flow-through shares will be used for contribution and maintenance of the company's exploration work on its B.C. projects, particularly for the polymetallic Hat project, located in northwestern British Columbia. This work includes drilling, geological advisory and analytical services.
Pursuant to applicable Canadian securities laws and in accordance with the exchange policies, all securities issued under this private placement will be subject to applicable resale restrictions under applicable securities laws and to the exchange hold period.
The closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange.
No finder's fee or commissions are expected to be paid in connection with the private placement.
About Doubleview Gold Corp.
Doubleview, a mineral resource exploration and development company, is based in Vancouver, B.C., Canada, and is publicly traded on the TSX Venture Exchange (DBG) (OTCQB: DBLVF) (WKN: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The company's portfolio of strategic properties provides diversification and mitigates investment risks.
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